Nigeria Might Be In For Another Scarcity Crisis

July 26, 2016

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There are reports that a scarcity crisis might be resurfacing in the coming weeks across the country, as truck drivers of petroleum products have warned that they will suspend all transportation of petroleum products across the country today, if their demands are not met. The Petroleum Tank Drivers (PTD) had earlier on issued a seven – day ultimatum to the Petroleum Equalization Fund (PEF) over the non-remittance of their bridging claims and the reduction of freight rates paid to its members.

The National President of the National Association of Road Transport Owners (NARTO) Alhai Kassim Ibrahim Bataiya, alongside Comrade Sailmon Olatidi of the Petroleum Tankers Drivers (PTD), gave a press briefing demanding that the PEF pay immediately all transporter’s outstanding claims from the period of January 1st 2011 to the 11th of May 2016. They also demanded that the PEF management conclude their review of the freight rate from May 12 2016 to date, as approved by the Government.

The group warned that failure to comply with their demands would lead to a nationwide strike of all petroleum truck drivers which would result in an halt of all distribution of petroleum products across the nation.

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